DGAP-News: RHÖN-KLINIKUM AG (english)
RHÖN-KLINIKUM AG publishes Interim Report Q1 - Q3 2008RHÖN-KLINIKUM AG / Interim Report/Quarter Results
30.10.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
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announcement.
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· Q1 - Q3 2008
1.24 million patients / revenues of EUR 1.59 billion / net
consolidated profit of EUR 89.2 million / EBITDA EUR 192.5 million / EBIT EUR
126.9 million
· Q3 2008
408,155 patients / revenues of EUR 536.1 million / net consolidated
profit of EUR 27.2 million / EBITDA EUR 63.9 million / EBIT EUR 40.7 million
· Stable growth in patient numbers in the first nine months (+ 6.6%)
. Growth in revenue of 4.9% and rise in operating earnings of 4.3% in line
with expectations
· Forecast for full-year 2008 reaffirmed: Revenues of EUR 2.1 billion,
earnings of EUR 123 million
Bad Neustadt a.d.Saale, 30 October 2008 ----- The listed hospital group
RHÖN-KLINIKUM AG today published its results for Q3 2008 and the cumulative
result for the first nine months of 2008. In the period January through
September 2008, a total of 1.24 million patients were treated by the
hospitals of RHÖN-KLINIKUM AG, with the third quarter accounting for
408,155 patients.Over the first nine months, revenues rose by 4.9% to reach
EUR 1.59 billion. The EUR 73.8 million increase was driven by first-time
consolidations, growth in the outpatient area and for the most part by
organic growth. In the third quarter, revenues of EUR 536.1 million were
generated. Net consolidated profit rose during the first nine months of the
financial year by 2.6% to EUR 89.2 million, with the third quarter
contributing EUR 27.2 million. EBITDA rose during the first nine months by
2.3% to EUR 192.5 million, and for the third quarter the figure was EUR 63.9
million. EBIT rose during the first nine months by 3.4% to EUR 126.9 million,
and was EUR 40.7 million in the third quarter. Operating cash flow grew by
11.1% to EUR 156.4 million in the first nine months, and rose to EUR 52.3
million in the third quarter. After deducting minority interests in profit
of EUR 4.0 million, net consolidated profit in the first nine months
translates into an EPS of EUR 0.82 compared with EUR 0.80 in the same period
last year. The Group currently has 47 hospitals with 14,684 beds at a total
of 36 sites in 9 federal states. Within our hospital network, 33,046
persons were employed as at the reporting date. The Board of Management of
RHÖN-KLINIKUM AG makes a positive assessment of the result for the first
nine months of financial year 2008: 'We have succeeded in expanding our
operative performance despite special burdens from legislation and rising
costs of personnel and materials, which is why we reaffirm our forecast for
financial year 2008', said Wolfgang Pföhler, Chairman of the Board of
Management of RHÖN-KLINIKUM AG. 'The results are in line with our
targets', reports Dietmar Pawlik, CFO of RHÖN-KLINIKUM AG, 'our growth
trend is partly overshadowed by a disproportionate rise in costs. For the
fourth quarter of 2008 we expect the positive trend in service volumes to
continue, resulting in further earnings increases. 'We are convinced that
we will succeed in further raising our market share through organic and
external growth in the acute inpatient and outpatient areas. We want to
strengthen integration between the inpatient and outpatient areas. In our
assessment, this structural transformation is vital to securing
high-quality and affordable healthcare for all patients on a sustained
basis in future also', Wolfgang Pföhler stated.
Dr. Irmgard Stippler
Divisional Head of Corporate Communication
Tel.: (09771) 65-1321 Telefax: (09771) 65-1306
E-mail: irmgard.stippler@rhoen-klinikum-ag.com
30.10.2008 Financial News transmitted by DGAP
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Language: English
Issuer: RHÖN-KLINIKUM AG
Schlossplatz 1
97616 Bad Neustadt a.d.Saale
Deutschland
Phone: +49 (0)9771 - 65-0
Fax: +49 (0)9771 - 97 467
E-mail: fire.ir@rhoen-klinikum-ag.com
Internet: www.rhoen-klinikum-ag.com
ISIN: DE0007042301
WKN: 704230
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
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